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Retirement Investors' Club (RIC)

Self-Directed Brokerage Account

The self-directed brokerage account investment option (offered by our four active providers) allows you to transfer a specified amount of your 457/401(a) investment dollars to an outside broker for investment in a full array of mutual funds and individual securities. Various fees and minimum deposit amounts apply to each self-directed brokerage account.

Provider	AIG Retirement	Hartford	ING	Nationwide
Product	Schwab Personal Choice Retirement Account (PCRA)	Schwab Personal Choice Retirement Account (PCRA)	Ameritrade	Schwab Personal Choice Retirement Account (PCRA)
Options	1,900+ mutual funds	2,000 mutual funds	10,000+ no-load & load funds	2,400+ no load, no transaction fee funds from over 340 fund families
	OneSource funds – no transaction fees or loads	OneSource funds – no transaction fees or loads	800+ no-transaction fee funds (Select Funds)	2,400+ no load, no transaction fee funds from over 340 fund families
	Common Stocks	Common Stocks	Common Stocks	Common Stocks
	Fixed Income Investments	Fixed Income Investments	Fixed Income Investments	Fixed Income Investments
Requirements	No minimum $ required in core account	$5,000+ in total core account to begin Minimum of $500 in core account at all times	$5,000+ in total core plan balance	Minimum of $12,500+ to begin Minimum of $10,000 in core account at all times
	No minimum transfer amount*	Minimum initial transfer- $2,500	Minimum initial transfer-$2,500	Minimum initial transfer-$2,500
	No ongoing transfer limit*	Minimum ongoing transfer- $1,000	Minimum ongoing transfer- $2,500 ($5,000 for Select Funds)	Minimum ongoing transfer-$500
		SDBA assets cannot exceed 50% of core account value	SDBA assets cannot exceed 50% of core account value
Fees	$50 annual maintenance fee ($12.50 per quarter)	$50 annual maintenance fee ($12.50 per quarter)	$50 annual maintenance fee	$50 annual maintenance fee
	Up to $39 trade fee plus asset fees	Contact Schwab for additional brokerage fees per trade at 1-888-393-7272	Contact ING Financial Advisers, LLC for additional brokerage fees per trade
Phone	800-892-5558 ext: 88700 or 515-267-1099	800-528-9009	800-555-1970 or 515-698-7971	877-677-3678